Nifty 50 Index
Long
Updated

Nifty Intraday Analysis for 26th September 2024

NIFTY

Index closed near 26005 level and Maximum Call and Put Writing near CMP as below in current weekly contract:

Call Writing
26000 Strike – 96.16 Lakh
26500 Strike – 74.98 Lakh
26200 Strike – 65.67 Lakh

Put Writing
25900 Strike – 89.19 Lakh
25500 Strike – 89.02 Lakh
25800 Strike – 83.04 Lakh

Index has resistance near 26150 – 26200 range and if index crosses and sustains above 26250 level then may reach near 26450 - 26500 range.

Index has immediate support near 25800 – 25700 range and if this support is broken then index may tank near 25600 – 25500 range.
Trade closed: target reached
Open flat with low near 26000 and made ATH at 26250.90 and close near 26185.

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